Rwanda Energy Group (REG) has revealed a plan to cut down electricity costs in response to consumers’ call that have been claiming costs to be prohibitively high.
In August 2015, Rwanda Utility Regulatory Authority (RURA) announced new costs of water and electricity where industries and clients consuming much electricity had to pay Rwf 126 per kilowatt while people using moderate electricity had 35% increased to standard cost. The later saw the price rising from Rwf 134 to Rwf 182 per kilowatt.
This made Rwanda have the highest electricity costs in the EAC region.
In a press briefing today, the CEO of REG, Jean Bosco Mugiraneza has said that they are holding talks with RURA and various partners to reduce prices.
He explained that new costs may go into effect in January, 2017 and were established based on financial means of different clients.
“These new prices may go into force in January following our plan.The new prices of electricity considered clients with inadequate financial capacity and big clients including industries,” he said.
- The CEO of REG, Jean Bosco Mugiraneza